That question was about the financing, which is why they sold 49% to a separate company. I understand they didn’t have enough money but once they sold 49% to Viridis, they did. Why did they need Steep Hill as a franchise to obtain a license? Mass wouldn’t let them do business as EVIO? Or they are selling out?
They had a provisional license. Mass’s legalization effort has been a total shit show overall but I suspect WW and Lori don’t have the time, Money, talent to get in the market there. This lab has taken over 2 yrs to open.
I suspect it will open now... I wasn’t so sure before.
EVIO has a major cash flow problem I don’t think mass alone will solve it but if mass didn’t open this company would fold by next year.
At least now I think Evio stays open but pps is going to suffer. I fear I’ll never get my initial investment back. These last 2 yrs have been brutal.
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